Macy's Sales Unexpectedly Drophttp://www.businessinsider.com/macys-q1-earnings-2014-5/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Sun, 02 Aug 2015 19:01:32 -0400Sam Rohttp://www.businessinsider.com/c/5373887269bedd1d4b11f702replyWed, 14 May 2014 11:14:58 -0400http://www.businessinsider.com/c/5373887269bedd1d4b11f702
Fairytales and unicorns!……..http://www.businessinsider.com/c/53738834ecad046b240d6775replyWed, 14 May 2014 11:13:56 -0400http://www.businessinsider.com/c/53738834ecad046b240d6775
It is not due to Democrats policies - it is the "Spring Vortex"http://www.businessinsider.com/c/537387806bb3f7a049b53f72replyWed, 14 May 2014 11:10:56 -0400http://www.businessinsider.com/c/537387806bb3f7a049b53f72
"Unexpectedly" - there is nothing unexpected for people who understand Econ 101 and apply common sense.
It is unexpected ONLY for the Democrats - the created OBAMACARE, the most regressive tax on the middle class, encourage higher minimum wage (translated "inflation"), now they want more carbon tax (another regressive taxation), and they they wander that middle class doesn't have any money to spend. Add in more trade agreements and the middle class is toast. The democrats are the biggest promoters of globalism - see NAFTA (signed by Clinton) and the now negotiated Asia trade agreement (negotiated by Obama).
If inflation increases, taxes increase (per Supreme Court, Obamacare is a tax), salaries stay the same or go lower due to to Democrats induced globalism, the middle class is "toast". But that is OK, it fits Agenda 21 of population control.http://www.businessinsider.com/c/537384d769bedd5e3c11f700krypticWed, 14 May 2014 10:59:35 -0400http://www.businessinsider.com/c/537384d769bedd5e3c11f700
Obamacare hasn't caused higher healthcare costs, and about 13M people now have the security of having health insurance. This is a positive trend for the economy.
However, the combination of awful weather in most of USA east of the Rockies and high heating costs should be expected to have a short term negative impact on retailers.http://www.businessinsider.com/c/5373731969beddc17511f706No WorriesWed, 14 May 2014 09:43:53 -0400http://www.businessinsider.com/c/5373731969beddc17511f706
Weather & Easter shift accounted for most of it. Every retailer missed March and beat April. Q1 is always a tough quarter. Q2 is Macy's second best qtr. No worries. Investors will look through it.http://www.businessinsider.com/c/53736f7c6bb3f7726fb53f72TGN103Wed, 14 May 2014 09:28:28 -0400http://www.businessinsider.com/c/53736f7c6bb3f7726fb53f72
Unexpected by whom?http://www.businessinsider.com/c/53736880eab8ea010e5e1013Tom CWed, 14 May 2014 08:58:40 -0400http://www.businessinsider.com/c/53736880eab8ea010e5e1013
demand for gloves, coats, scarves and hats absolutely collapsed because of the weather...http://www.businessinsider.com/c/537362036bb3f7063eb53f77Duh2Wed, 14 May 2014 08:30:59 -0400http://www.businessinsider.com/c/537362036bb3f7063eb53f77
left out higher food priceshttp://www.businessinsider.com/c/537361b86bb3f78e3ab53f73Duh2Wed, 14 May 2014 08:29:44 -0400http://www.businessinsider.com/c/537361b86bb3f78e3ab53f73
I blame it on the weather - Higher energy costs and higher health insurance/healthcare costs caused by Obamascare, plus the consumer is tapped out.